Memphis retail market booms despite challenges
The outside of the $67-million mixed-use apartment complex at Orleans Station. The complex will have 13 buildings with 258 one-bedroom apartments, 43 bedrooms with an office space and 71 two-bedrooms units. (Neil Strebig/The Daily Memphian file)
Building permits, which traditionally take a week to process, are taking nearly a month now, causing delays in leasing and development in the retail market.
Topics
retail commercial Jones Aur Cushman and Wakefield Commercial Advisors Avison Young Gill Properties Downtown Memphis Commercial Real Estate Subscriber OnlyIt’s GivingTuesday week! Will you join the celebration?
Donate now to help power our free community news access program.You know the value of having unlimited access to The Daily Memphian’s news. When you subscribe, you get full access to our news. But when you donate, you help us reach all Memphians with quality, in-depth local news through
- free access at over 300 schools and libraries
- free podcasts and radio broadcasts
- free newsletters
- and more!
Thank you for keeping up with local news. Thank you for investing in our community.
Neil Strebig
Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.
Comments
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.